Europe Stocks End Lower
European stock markets closed lower on Monday. London's Financial Times-Stock Exchange 100 index was off 13.40 points, or 0.29%, to 4,685.50 as producer prices rose by a greater-than-expected 1.3% in September and the August trade deficit widened to 5.22 billion pounds from 5.2 billion in July. J Sainsbury was down to a 15-month low after the company's first-half earnings slid as much as 66%. Alea Group Holdings was lower as the company said it expects pretax costs of $55 million this year from the four hurricanes that struck the U.S. and Caribbean.
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